Open courseware translation project via a large team of Taiwanese volunteers. A small set of professional editors, a couple thousand translators, and a founder who made his fortune translating the Lord of the Rings into Chinese. Very, very cool.
Noam Cohen piece on a Taiwanese project called OOPS, designed to translate open courseware materials into Chinese. The project has four dedicated editors and thousands of volunteer translators, and is engaged in translating MIT's Open Courseware.